$375K  
The 22851 zip code has a population that is older than most in Virginia with a median age of 40 years. Also, it's less affluent than average with a median income of $39,916 per household. With an ownership ratio of 59.3%, most people in the 22851 zip code are homeowners.
Comments:

$595K  
The 22851 zip code market might be cooling in the coming weeks. Sales stayed steady at seven homes sold over the last 30 days, but there is an established downward trend in the number of new listings, with one going live in the same time frame. The median sales price remained unchanged over the latest reporting period for the 22851 zip code, coming in at $155,000. With only three months of inventory to sell, the 22851 zip code is a seller's market, in spite of the flat sales.
Comments:

$375K  
Price reductions have decreased in the 22851 zip code market, reaching a low that hasn't been seen since February. With the market tightening, there were seven homes sold over the last 30 days. In comparison, 22835 led all other nearby zip codes with 14 price reductions. The median sales price dropped to $155,000 over the latest reporting period for the 22851 zip code, down from $167,350. With just three months of inventory available and sales going up, the 22851 zip code is a seller's market.
Comments:

$375K  
The number of home sales in the 22851 zip code market rose 20.0% to six homes over the last 30 days, above the 2.3 monthly average. At the same time, the 22835 zip code reported 11 home sales, the highest number from all the surrounding zip codes. Prices are coming down in the 22851 zip code, as the median sales price dropped to $167,350, while months of inventory also fell to four.
Comments:

$375K  
With a confirmed downward trend of new sellers listing homes, including three over the last 30 days, and sales that rose to five in that same time frame, the 22851 zip code market will be less intense. Potential buyers should note that prices went up in the 22851 zip code, with the median for this period rising from $178,500 to $192,000.
Comments:

$329K  
Over the last 30 days, the 22851 zip code market got good news with two homes sold, closing in on the average sales volume for the prior 12 months. In comparison, the nearby 22835 zip code had 11 sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped dramatically to $178,500 over the latest reporting period for the 22851 zip code, down from $225,000. Even after the uptick in sales, an elevated 14 months of inventory tells us that the 22851 zip code is still a solid buyer's market.
Comments:

$375K  
22851 is a larger than average zip code in Virginia with 6,138 residents. Its population is also growing slower than others at a 10-year growth rate of 7.5%. The 22851 zip code market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area.
Comments:

$119K  
A three-week rough patch for the overall sales trend continues in the 22851 zip code market, with number of sales staying even at one over the last 30 days. The median sales price remained unchanged over the latest reporting period for the 22851 zip code, coming in at $225,000. A downturn in sales, coupled with the availability of 31 months of inventory, prove that the 22851 zip code is a strong buyer's market.
Comments:

$595K  
Over the past 30 days, there have been fewer price cuts in the 22851 zip code market, continuing a three-week declining trend to land at four. However, home sales were up to one over the same period. Despite the uptick in sales, there are still 31 months of inventory left to work through, meaning the 22851 zip code is still a definite buyer's market.
Comments:

$375K  
The 22851 zip code market continues a one-week downward trend in sales. Sellers weren't able to find buyers for their properties, resulting in no sales over the last 30 days. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks.
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